PPP Loan information for Raka corporation

$1,002,200

Raka corporation was initially approved for PPP Loan of amount $1,002,200, the current approved amount is $1,002,200. The loan was approved on 04/13/2020 by The Signature Bank, National Association reported 75 jobs and $1,002,200 was used to fund payroll.

Raka corporation is Existing or more than 2 years old

RAKA CORPORATION

Date Approved

04/13/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

RAKA CORPORATION

Borrower Address

203 MATZINGER RD

Borrower City

TOLEDO

Borrower State

OH

Borrower Zip

43612-2624

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1002200.00

Current Approval Amount

1002200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

256729

Servicing Lender Name

Signature Bank, National Association

Servicing Lender Address

4607 W Sylvania Ave

Servicing Lender City

TOLEDO

Servicing Lender State

OH

Servicing Lender Zip

43623-3203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TOLEDO

Project County Name

LUCAS

Project State

OH

Project Zip

43612-2624

CD

OH-09

Jobs Reported

75

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

751650.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

250550.00

Debt Interest Proceed

0

Business Type

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

256729

Originating Lender

Signature Bank, National Association

Originating Lender City

TOLEDO

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1009860.65

Forgiveness Date

01/26/2021

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